On January 21, the end of the third weekly pay period of the year, a companys payroll
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On January 21, the end of the third weekly pay period of the year, a company’s payroll register showed that its 35 employees had earned $53,450 in sales salaries and $10,500 in office salaries. Withholdings from the employees’ salaries were to include $2,095.56 of CPP, $1056.21 of EI, $12,180 of income taxes, and $705 of union dues.
Required
Prepare the general journal entry to record the January 21 payroll.
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Related Book For
College Accounting A Practical Approach
ISBN: 978-0134166698
13th Canadian edition
Authors: Jeffrey Slater, Debra Good
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